If you love exploring the world around you, chances are you’ve thought about traveling for an extended period of time. There’s just one question: how are you going to afford it? Traveling can be pricey, but there are several ways you can make traveling for long periods of time work for you. With planning and preparation, you’ll be able to discover how to afford extended travel and how you can make this part of your life.
The first thing to keep in mind is that you’ll need to live simply. You likely won’t be staying in 5-star hotels if you want to travel for extended periods of time. Instead, make sure you pack lightly and choose affordable housing options. Hostels, for example, can be an efficient way to travel for long periods of time. They are low-cost, offer private room options, and typically have on-site laundry available. This means you won’t have to bring too much luggage with you and you’ll have a safe place to sleep while you travel.
Rent Out Your Home
If you’re going to travel long-term, there’s no need to keep paying for your home or apartment, yet you might not want to sell it. Consider renting out your house or subletting your apartment while you’re away. This can cover the cost of your mortgage or monthly rent payments and ensures that your home is lived in and taken care of while you’re traveling. Just make sure to find a policy for renters insurance online that covers situations where an apartment is being sublet. Note that if you’re going to be out of the country, you may want to hire a property management company to assist you with leasing out your property. They’ll be able to handle emergencies and maintenance requests while you’re gone.
One effective way to fund your travels is by working remotely. With today’s modern technology, you’ll find there is an assortment of jobs you can take advantage of that don’t require you to attend work in-person. Consider selling graphic design services online, tutoring foreign students through an interactive website, or even becoming a freelance photographer. Working remotely means you can work where you want to and when you want to. It also means you won’t have to put an end date on your travels. At least not yet!
Consider a Local Job
If you want to stay in a particular area for a while, you might consider looking for a local job. Note that this option will depend on the terms of your visa, if you have one. Local jobs can include cooking, cleaning, babysitting, tutoring, or gardening. You might even be able to find a part-time gig bartending or waitressing. The possibilities are endless. A local job means you’ll be able to make money while you live in your dream location, at least temporarily.
No matter where you want to travel, don’t be afraid to make it happen. Planning ahead can be an incredible way to make sure you’re able to reach for your dreams and to obtain your goals. With a bit of thought and preparation, you can discover exactly how to afford extended travel and to make this dream lifestyle a reality for yourself.